Civic Intelligence

Midwest Insulation Contractors Association of Nebraska Inc

990EZ • Fiscal year 2021 • EIN 47-0549862

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 12, 2022

16712 Elm CircleOmaha, NE 68130

(402) 342-3463

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

94th percentile

55%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$540

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

68th percentile

19%

Faster asset growth than 68% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-19%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$94,345

Up $15,191 (+19%) from 2020

Net Assets

$94,345

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$27,867

Down $6,719 (-19%) from 2020

Expenses

Down

$12,676

Down $4,102 (-24%) from 2020

Net Income

Down

$15,191

Down $2,617 (-15%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $69,360Liabilities 2011: $02011Assets 2012: $74,656Liabilities 2012: $02012Assets 2013: $82,128Liabilities 2013: $02013Assets 2014: $76,530Liabilities 2014: $02014Assets 2015: $76,624Liabilities 2015: $02015Assets 2016: $69,774Liabilities 2016: $02016Assets 2017: $60,073Liabilities 2017: $02017Assets 2018: $54,285Liabilities 2018: $02018Assets 2019: $61,346Liabilities 2019: $02019Assets 2020: $79,154Liabilities 2020: $02020Assets 2021: $94,345Liabilities 2021: $0Net Assets 2021: $94,3452021Assets 2022: $92,013Liabilities 2022: $0Net Assets 2022: $92,0132022Assets 2023: $96,524Liabilities 2023: $0Net Assets 2023: $96,5242023Assets 2024: $94,904Liabilities 2024: $0Net Assets 2024: $94,9042024

Highlighted filing

2021

Assets$94,345
Liabilities$0
Net Assets$94,345

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20KRevenue 2011: $18,023Expenses 2011: $17,759Net Income 2011: $2642011Revenue 2012: $22,003Expenses 2012: $16,708Net Income 2012: $5,2952012Revenue 2013: $25,748Expenses 2013: $18,275Net Income 2013: $7,4732013Revenue 2014: $27,855Expenses 2014: $33,454Net Income 2014: -$5,5992014Revenue 2015: $27,715Expenses 2015: $27,621Net Income 2015: $942015Revenue 2016: $24,795Expenses 2016: $31,646Net Income 2016: -$6,8512016Revenue 2017: $21,872Expenses 2017: $31,573Net Income 2017: -$9,7012017Revenue 2018: $26,283Expenses 2018: $32,071Net Income 2018: -$5,7882018Revenue 2019: $34,345Expenses 2019: $27,284Net Income 2019: $7,0612019Revenue 2020: $34,586Expenses 2020: $16,778Net Income 2020: $17,8082020Revenue 2021: $27,867Expenses 2021: $12,676Net Income 2021: $15,1912021Revenue 2022: $26,838Expenses 2022: $29,170Net Income 2022: -$2,3322022Revenue 2023: $29,972Expenses 2023: $25,461Net Income 2023: $4,5112023Revenue 2024: $27,492Expenses 2024: $29,112Net Income 2024: -$1,6202024

Highlighted filing

2021

Revenue$27,867
Expenses$12,676
Net Income$15,191
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 12, 2022
Return Version
2021v4.2
Gross Receipts
$27,867
Mission and Program Overview

Mission

To improve the business skills of the members of the association and to keep them advised of new products and uses and developments affecting the insulation industry.

Program Services

DescriptionGrantsExpenses
TO IMPROVE THE BUSINESS SKILLS OF THE MEMBERS OF THE ASSOCIATION AND TO KEEP THEM ADVISED OF NEW PRODUCTS AND USES, AND DEVELOPMENTS AFFECTING THE INSULATION INDUSTRY.$0$10,615
TO PROMOTE THE SETTLEMENT OF LABOR DISPUTES GENERALLY AND TO FURNISH INFORMATION, EDUCATION AND ADVICE ON LABOR MATTERS WHICH ARE OF COMMON CONCERN TO THE MEMBERS OF THE ASSOCIATION.$0$1,521
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS A SHIMERDAExecutive Secretary-$540-$540
STEVE BRERESHPresident-$0--
DOUG BARTONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Midwest Insulation Contractors
EIN
47-0549862
Phone
4023423463
Address
16712 ELM CIRCLE, OMAHA, NE 68130

Signing Officer

Name
Thomas Shmerda
Title
Executive Secretary
Phone
4023423463
Signed
2022-10-12
Discuss with paid preparer
Yes

Preparer

Firm
Massman Nelson Reinig Pc
Address
13310 I STREET, OMAHA, NE 68137
Preparer
George E Nelson
Phone
4023307099
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: through participation in regional and national trade associations.. Amount: 10,615. Description: labor contracts with its workers affiliated unions.. Amount: 1,521. Total to form 990-ez, line 16: 12,136.

Raw XML Appendix111 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS A SHIMERDA
IRS990EZ/BooksInCareOfDetail/PhoneNum04023423463
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016712 ELM CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OMAHA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd068130
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079154
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt094345
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt015191
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079154
IRS990EZ/Form990TotalAssetsGrp/EOYAmt094345
IRS990EZ/GrossReceiptsAmt027867
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt027867
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079154
IRS990EZ/NetAssetsOrFundBalancesEOYAmt094345
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079154
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt094345
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2540
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE BRERESH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DOUG BARTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS A SHIMERDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt012136
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO IMPROVE THE BUSINESS SKILLS OF THE MEMBERS OF THE ASSOCIATION AND TO KEEP THEM ADVISED OF NEW PRODUCTS AND USES AND DEVELOPMENTS AFFECTING THE INSULATION INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO IMPROVE THE BUSINESS SKILLS OF THE MEMBERS OF THE ASSOCIATION AND TO KEEP THEM ADVISED OF NEW PRODUCTS AND USES, AND DEVELOPMENTS AFFECTING THE INSULATION INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROMOTE THE SETTLEMENT OF LABOR DISPUTES GENERALLY AND TO FURNISH INFORMATION, EDUCATION AND ADVICE ON LABOR MATTERS WHICH ARE OF COMMON CONCERN TO THE MEMBERS OF THE ASSOCIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010615
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11521
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0540
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt012676
IRS990EZ/TotalProgramServiceExpensesAmt012136
IRS990EZ/TotalRevenueAmt027867
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: THROUGH PARTICIPATION IN REGIONAL AND NATIONAL TRADE ASSOCIATIONS.. AMOUNT: 10,615. DESCRIPTION: LABOR CONTRACTS WITH ITS WORKERS AFFILIATED UNIONS.. AMOUNT: 1,521. TOTAL TO FORM 990-EZ, LINE 16: 12,136.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS SHMERDA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum04023423463
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST INSULATION CONTRACTORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION OF NEBRASKA INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0470549862
ReturnHeader/Filer/PhoneNum04023423463
ReturnHeader/Filer/USAddress/AddressLine1Txt016712 ELM CIRCLE
ReturnHeader/Filer/USAddress/CityNm0OMAHA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068130
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470711139
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MASSMAN NELSON REINIG PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013310 I STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OMAHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068137
ReturnHeader/PreparerPersonGrp/PhoneNum04023307099
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE E NELSON
ReturnHeader/ReturnTs02022-10-14T15:13:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHMERDA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$94.9$0.00$94.9$27.5$29.1$1.62
2023Detailed filing. Detailed filing data is available for this year.$96.5$0.00$96.5$30.0$25.5$4.51
2022Detailed filing. Detailed filing data is available for this year.$92.0$0.00$92.0$26.8$29.2$2.33
2021Detailed filing. Detailed filing data is available for this year.$94.3$0.00$94.3$27.9$12.7$15.2
2020Summary only. Only limited summary data is available for this year.$79.2$0.00$34.6$16.8$17.8
2019Summary only. Only limited summary data is available for this year.$61.3$0.00$34.3$27.3$7.06
2018Summary only. Only limited summary data is available for this year.$54.3$0.00$26.3$32.1$5.79
2017Summary only. Only limited summary data is available for this year.$60.1$0.00$21.9$31.6$9.70
2016Summary only. Only limited summary data is available for this year.$69.8$0.00$24.8$31.6$6.85
2015Summary only. Only limited summary data is available for this year.$76.6$0.00$27.7$27.6$0.09
2014Summary only. Only limited summary data is available for this year.$76.5$0.00$27.9$33.5$5.60
2013Summary only. Only limited summary data is available for this year.$82.1$0.00$25.7$18.3$7.47
2012Summary only. Only limited summary data is available for this year.$74.7$0.00$22.0$16.7$5.30
2011Summary only. Only limited summary data is available for this year.$69.4$0.00$18.0$17.8$0.26